/biz/ - Business & Finance

You have at least a bag of LINK, don't you?

Thanks to whoever visited /pol/ in early 2019
went all-in

Friendly reminder that market cap is irrelevant. Only price matters.

>Hurr durr chainlink is too high for normies to buy in for now that it's $4b market cap.

WRONG. Market cap DOES NOT MATTER. ONLY PRICE MATTERS.

Chainlink is only 13 dollars which means normies can afford hundreds, maybe even thousands.

Compare that to bitcoin where people can only afford 1 or 2 bitcoins.

Or ethereum where people can only afford a few dozen.

LINK is still VERY early. Ethereum is 400 dollars. Chainlink could easily be half as useful as ethereum which means 200 dollars. It could even be twice as useful or more, which means 800 dollars plus.

Ethereum itself is cheap too when you consider how useful it is compared to bitcoin. Ethereum is easily 4 times as useful as bitcoin and chainlink is twice as useful as that which gives us 40,500 USD per ethereum and 81,000 USD per LINK.

Does /biz/ realise how important the next month is?

August is literally the last month you will ever have to accumulate LINK at reasonable levels.

In a couple of months people will be asking if 5 LINK is enough to make it.

SmartCon is going to be big. It's a whole new conference hosted by Chainlink to showcase chainlink powered smart contracts. They're clearly aiming to make this a regular, possible annual thing. They'll want to start it off with a bang and they'd only be doing this if they had a lot of good stuff to showcase.

Reading between the lines it's also obvious that a major Microsoft partnership is coming, possibly an integration of Chainlink powered smart contracts into microsoft office.

Staking will also be coming soon.

>>20264918
Not buying your shitcoin bag.
This is a LINK board.

>>20106388
For LINK you are early.
Don't diversify into shitcoins unless your holdings of LINK are $100k+

>>20095579
Access off chain data.
Do you even understand the Oracle problem and how chainlink is the solution.
This is why
BTC = Blockchain 1.0
ETH = Blockchain 2.0
Link= Blockchain 3.0

Chainlink is the future, whether you decide to accept it or not, it matters not. It's too late to stop chainlink now.

This is good for bite sized normie consumption.

>>18661889
Btc = Blockchain 1.0
Eth = Blockchain 2.0
Link = Blockchain 3.0

Holding all three, this is known as the "Trinity Stack'. Well done and based, OP.

You didn't actually fall for all these fake fudders who were just doing everything they could to suppress the price so they could accumulate link while it was still under $10, did you anon?

Their desperation is palpable and their tactics obvious. But you were smart enough to see through this obvious farce right?


And of course You did buy as much link as possible while it was still under $10, right anon?

I opened a short on link for 2X at $2.18. Well it's not a significant part of my stack I'm starting to get nervous. Can someone that understands technical analysis provide a breakdown as to what to do? I mean should I keep it open? Or should I just close it out and lick my wounds?